Compensation Plan

Help Grand Haven Area Community Foundation learn how to attract and retain talented employees with a compensation plan that is in keeping with marketplace trends and financially feasible.
Grand Haven Area Community Foundation
Grand Haven, MI, USA
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Grand Haven Area Community Foundation
Grand Haven, MI, USA

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Posted July 6th

Project Details

What We Need
  • Review of job descriptions, pay structure, internal value, competitive market data, non-monetary rewards and benefits
  • Recommendations for updating staff compensation and incentive plans
Additional Details

The focus for this project will be on our overall total rewards offerings (incentive plans, non-monetary rewards and benefits, etc.) excluding base salary as we have good benchmarking data for salary.

What We Have In Place
  • We currently have information on current benefits, which should make it easy for you to get started. We also have a draft updated Employee Handbook, and the ability to provide any other information you need.
How This Will Help
This project will save us $6,746 , allowing us to continue to support the non-profit/for impact organizations in our community.

As part of this project, we're hoping to learn about best practices and leading edge/innovative ideas regarding overall compensation packages and benefits. One of the main goals is to be sure we offer a very competitive benefits package that attracts, retains and rewards our employees - while also being fiscally responsible.

Project Plan

P
Prep: Current Materials
  • Volunteer Manager provides Professional with an overview of current job descriptions, pay structures and compensation policies
1
Milestone 1: Research & Analysis
  • Professional connects with Volunteer Manager for a brainstorming session
  • Professional analyzes current job descriptions, pay structure, non-monetary rewards and benefits
  • Professional gathers information about competitive market data and internal value of positions
2
Milestone 2: Recommendations
  • Professional proposes recommendations for job descriptions, pay structures, compensation policies, and incentive plans
  • Volunteer Manager provides feedback to Professional’s proposals
3
Milestone 3: Compensation Plan
  • Professional delivers a compensation plan with updated job descriptions, pay structures, non-monetary rewards and other incentives
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About The Org

Grand Haven Area Community Foundation
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Our Mission

To enhance the quality of life for all by working together to collectively address challenges and opportunities throughout West Michigan.

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